Magento is an open source e-commerce web application that was launched on March 31, 2008. It was developed by Varien (now Magento Inc) with help from the programmers within the open source community but is owned solely by Magento Inc.
Magento has been adopted by over 180,000 online retailers ranging from smaller e-commerce websites to large multinational businesses. For the week of Sep 23rd 2013, Quantcast data collated by BuiltWith Trends indicated that Magento ran on 11% of the top 10K sites (Community Edition 8.8%/Enterprise Edition 2.05%), 20% of the top 100K sites (Community 16.44%/Enterprise 3.23%), and 14% of the top million sites (Community 13.2%/Enterprise 1.11%).
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